i want to play a clip of mitch mcconnell talking about that. let's play it now. >> by demanding the power to raise the debt limit when ever he wants by as much as he wants, he showed what he's after is assuming unprecedented power to spend taxpayer dollars without anyone -- i assure you it's not going to happen. >> the back story is republicans have no leverage in the fiscal curve talks. if nothing happens, they don't get anything they are looking for january 1st. but, they see a chance to get leverage here a month later when we hit the debt ceiling. they are talking about if we don't get the concessions right now in these negotiations, we are going to hold it over your head. i'm looking at this. in the way out, the constitutional scholars offered, they say there is -- congress can't default like this. we are going to keep on like nothing happened. the white house explicitly ruled that out. it would unsettle the markets. short of that, the republicans have leverage again, don't they? >> sadly, it seems to me they do. i was happy to hear the pre